On Friday, Enact Holdings Inc (NASDAQ: ACT) was -5.02% drop from the session before settling in for the closing price of $34.09. A 52-week range for ACT has been $26.13 – $37.42.
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Financial Sector giant saw their annual sales surged by 6.75% over the last five years. When this article was written, the company’s average yearly earnings per share was at 2.96%. With a float of $29.74 million, this company’s outstanding shares have now reached $159.34 million.
The firm has a total of 465 workers. Let’s measure their productivity. In terms of profitability, gross margin is 99.81%, operating margin of 75.78%, and the pretax margin is 72.0%.
Enact Holdings Inc (ACT) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Enact Holdings Inc stocks. The insider ownership of Enact Holdings Inc is 80.90%, while institutional ownership is 18.49%. The most recent insider transaction that took place on Oct 31 ’24, was worth 24,509,425. In this transaction 10% Owner of this company sold 682,729 shares at a rate of $35.90, taking the stock ownership to the 124,813,728 shares. Before that another transaction happened on Sep 30 ’24, when Company’s 10% Owner sold 673,037 for $36.00, making the entire transaction worth $24,227,380. This insider now owns 125,496,457 shares in total.
Enact Holdings Inc (ACT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 2.96% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.53% during the next five years compared to 6.71% growth over the previous five years of trading.
Enact Holdings Inc (NASDAQ: ACT) Trading Performance Indicators
You can see what Enact Holdings Inc (ACT) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.04. Likewise, its price to free cash flow for the trailing twelve months is 7.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.16, a number that is poised to hit 1.00 in the next quarter and is forecasted to reach 4.16 in one year’s time.
Technical Analysis of Enact Holdings Inc (ACT)
Analysing the last 5-days average volume posted by the [Enact Holdings Inc, ACT], we can find that recorded value of 1.23 million was better than the volume posted last year of 0.27 million. As of the previous 9 days, the stock’s Stochastic %D was 12.88%. Additionally, its Average True Range was 0.75.
During the past 100 days, Enact Holdings Inc’s (ACT) raw stochastic average was set at 37.16%, which indicates a significant increase from 0.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.79% in the past 14 days, which was higher than the 18.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.74, while its 200-day Moving Average is $31.75. Now, the first resistance to watch is $33.50. This is followed by the second major resistance level at $34.62. The third major resistance level sits at $35.20. If the price goes on to break the first support level at $31.80, it is likely to go to the next support level at $31.22. Now, if the price goes above the second support level, the third support stands at $30.10.
Enact Holdings Inc (NASDAQ: ACT) Key Stats
There are 155,698K outstanding shares of the company, which has a market capitalization of 4.79 billion. As of now, sales total 1,154 M while income totals 665,510 K. Its latest quarter income was 298,830 K while its last quarter net income were 183,670 K.
